Category: Oil and Gas

Experts warn of petrol price surge amid US-Iran war

Energy experts and downstream operators have warned that Nigeria may witness a fresh increase in...

OPEC+ to boost oil output by 206,000 bpd in April

OPEC+ decided on Sunday to increase oil production by 206,000 barrels per day starting in...

Tinubu signals major overhaul of PIA with oil revenue order

President Bola Tinubu has signalled a broader overhaul of Nigeria’s petroleum governance framework following his...

NISO starts load shedding over severe gas supply constraints

The Nigerian Independent System Operator has begun implementing load shedding across the country. This follows...

Oil prices dip as US-Iran talks extend, OPEC+ eyes hike

Oil prices dipped on Friday, heading for a weekly decline as the United States and...

NNPCL pledges gas supply to Portland mini-LNG project in Abuja

The Nigerian National Petroleum Company Limited has expressed support for a Mini-LNG and LCNG project...

NUPRC sets Friday deadline for 2025 oil licensing pre-qualification

The Nigerian Upstream Petroleum Regulatory Commission has announced that registration and submission of applications for...

Tinubu’s order stops NNPCL’s ₦2.1tn four-year deductions

President Bola Tinubu’s executive order has halted deductions by the Nigerian National Petroleum Company Limited...

Dangote Refinery unveils five projects to build industrial hub

Dangote Petroleum Refinery has announced plans to expand beyond crude processing into a fully integrated...

TotalEnergies credits PIA for boosting investment in Nigerian oil industry

The Petroleum Industry Act has been described as the enabler for the transparency and foreign...

NUPRC unveils 60-day plan to fully digitise operations

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has unveiled a...

PENGASSAN to meet presidency over Tinubu’s ‘threatening’ executive order

The leadership of the Petroleum and Natural Gas Senior Staff Association of Nigeria has announced...